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MINISTER of State for Finance Michael Halkitis said the government will soon be able to embark on some of its capital works projects, as many of the major projects like the controversial New Providence Road Improvement Project (NPRIP) will be coming off the books.
THE AIR traffic controllers’ union is headed back to the negotiating table today, its president Roscoe Perpall telling Tribune Business that plans to ‘corporatise’ the air traffic service would be “progress” and would help alleviate a number of issues.
KEY stakeholders from the private and public sector and society at large are expected to begin dialogue today on ways to enhance productivity and economic growth in The Bahamas at the launch of The Bahamas chapter of the Caribbean Growth Forum (CGF).
THE Bahamas Institute of Chartered Accountants’ (BICA/the Institute) suspension from the International Federation of Accountants (IFAC/the Federation) has been lifted, BICA’s president announced yesterday.
AN online business search engine released figures yesterday which showed that some 900,000 business listings are viewed monthly since it was launched on 2009.
It’s no secret, and it’s final: The Bahamas finished 2nd place behind Jamaica in the CARIFTA Games. Eight golds, 10 silvers and 13 bronzes totalling 31 medals.
THE CAVES Heights development has already “matched” last year’s unit sales, its vice-president of sales and marketing telling Tribune Business that about $9 million had been generated from sales at the luxury ocean front condominium development so far this year.
TOTAL private sector loan arrears decreased by 2.3 per cent in February according to the Central Bank, with short-term (31-90 day) loan delinquencies falling by 8.7 per cent to $315.7 million.
SCOTIABANK recently launched its revamped Scotia Professional Plan – a suite of flexible banking products created for professionals.
THE MINISTRY of Financial Services is set to host a regional workshop on the United States’ Foreign Accounts Tax Compliance Act (FATCA) next week.
A friend of mine owns some funeral homes in America. So imagine my surprise when he told me that he puts out a regular written newsletter. Of course I immediately used the joke
THE BAHAMAS is working towards a June 1 deadline for a final decision on how it will approach the Foreign Account Tax Compliance Act (FATCA) Financial Services Minister Ryan Pinder said yesterday, saying that ultimately this jurisdiction could come out “ahead of the competition”.
THE private sector’s uproar over the government’s work permit policies were described yesterday as “strange” and “regressive”, a union leader emphasising that Bahamians must be considered first for all available jobs.
NASSAU Airport Development (NAD) executives projected more than 24,000 arrivals at the Lynden Pindling International airport this Easter holiday weekend during which The Bahamas played host to the 42nd annual Carifta games.
DOCTORS Hospital is about three to three and a half years away from diversifying its business mix into a 50/50 split between its current core and medical tourism, its president telling Tribune Business that the BISX-listed healthcare provider’s Bahamas Medical Centre was moving closer to breaking even.
THE historic Bimini Big Game Club is seeing a 30 per cent increase in year-to-year revenue and is expected to increase staff by 35 per cent, according to the resort’s general manager Michael Weber.
THE air traffic controllers union has rejected government’s proposal on an interim industrial agreement.
AS we near the summer months and our high school and college students prepare to take their breaks, the market place will soon again be flooded with youngsters vying for summer internships and summer employment.
Web shops have provided no evidence for their “bold assertion” that they are in compliance with the Business Licence Act, the Government alleging they “openly admitted, on numerous occasions and platforms”, to being involved in illegal gambling.
The Bahamas Real Estate Association (BREA) yesterday said it was “over the moon” with the latest global expansion for its Multiple Listing Service (MLS), adding that this would increase the latter’s current 5-10 per cent membership growth rate.
A Bahamian-owned airline yesterday said passenger volumes for the Easter weekend were projected to be up 3 per cent year-over-year, with load factors averaging 80 per cent “all around”.
A well-known appraiser has received “zero response” to his property valuation services offer, saying this had been motivated after the real property tax bill for one of his businesses “doubled”.
A MONEY tranmission provider’s bill payment platform is looking to increase customer traffic by at least 40 per cent over the next four to five months, with several options to be added to its offering.
Damianos Sotheby’s International Realty has announced that Craig Pinder has joined its Nassau sales team.
PRIME Minister Perry Christie said yesterday that he plans to meet again with top Cable & Wireless Communications (CWC) executives, having previously conceded that the Government had made little-to-no headway in its attempt to regain majority control at the Bahamas Telecommunications Company (BTC).